Located along the main corridor in Hanover, PA, this mixed-use property has been extremely well maintained. The property is comprised of 7 apartments, 3 commercial spaces, and 7 storage/shop spaces. The property has had one owner for the last 22 years, who has taken great care with updates & improvements. Currently 100% leased, this property generates a strong cash flow, with solid upside potential. Apartment rents are lower with long-time tenants on month-to-month leases, making it easy for a new owner to increase the cash flow on day one. The commercial spaces are leased by a salon, a bakery, and a church with longer term leases. There are 7 parking spaces on the property, with substantial street parking and a borough lot located only 1 block north of the property. Excellent Cash flow with true 8% CAP. See agent for financials.
PAYK2060800
General Commercial
HANOVER BORO
YORK
1947
0.15
Acres
Electric Water Heater, Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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